Starting a podcast, like making a YouTube channel or blog, comes down to telling interesting stories and building an engaged audience. I’m probably sounding like a broken record by now, but you need a niche that you’re interested in and there’s already a demand for. Come up with a list of topics you’d like to talk about and then search iTunes charts, Google Trends and other podcast research sites like cast.market to see what’s currently out there and popular.
With YouTube´s “partner program”, You can make extreme numbers if you have a big amount viewers and subscribers. Together with YouTube, you will make a percentage of the ad revenue that comes from your videos. There are currently lots of people living of Youtube and the largest YouTuber “PewDiePie is the top-earning YouTube star on the planet-earning $12 million in the past year!
With drop shipping, you’re effectively partnering with a manufacturer or wholesaler to sell their products. This way, you don’t pay upfront costs to buy inventory, aren’t sitting on unsold items taking up expensive warehouse space, and don’t have to deal with shipping the products yourself. You simply create your site, fill it with drop shippable products, and drive in customers, with almost everything else done for you.
Before I talk about some of the methods for making money online, I wanted to address the role of pain versus pleasure. Every decision that we make in life is weighed on a pain-versus-pleasure scale. We will always do more to avoid pain than we will to gain pleasure, plain and simple. However, this is also what holds us back from succeeding in any endeavor.
Still, much of the world is engaged in active-income work. They work so that they can earn. When they don’t work, they don’t earn. Yet, there’s almost zero chance that you’ll get rich or make any significant amount of money when you’re solely reliant on active income. Now, don’t get me wrong. It’s possible. People do it by slowly saving and investing over the course of 30 or 40 years, but we’re not talking about that here.
Monetize a hobby. While some hobbies actually cost money, others can be transformed into a profitable business venture. Ultimately, it depends on what your hobby is and how talented you are. You could turn your love of photography, for example, into a part-time gig taking family portraits and wedding photos or selling prints on Etsy or at arts fairs.
You've always heard of people getting rich off selling items on eBay and Amazon, but you don't need to have a business degree to figure it out. Anyone can start selling items they aren't using anymore on eBay in just a matter of minutes. Once you sell your first item, you can quickly find yourself addicted and start making a few hundred dollars per month selling your old and unwanted items. Amazon also offers similar services through their "sell on Amazon" services for anyone who might have their own products or bulk supply.
When creating a membership site, always offer different plans and pricing tiers to appeal to your different categories of audience. Access to specific types of content is then dependent on the plan selected by a member. Membership fees can be a one-off payment or a repeat subscription. And you can even sell products on your membership site to boost your income.
Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. I’ve done webinars to promote my financial planning practice and to drum up interest in my online course for financial advisors. With a webinar, you’re basically offering a lot of tips and advice for free — usually in a live format. At the end though, you pitch your paid product or service with the goal of securing a few deals.